证券代码：300904 证券简称：威力传动 银川威力传动技术股份有限公司 投资者关系活动记录表 | 附件清单(如有) | 无 | | | | | | --- | --- | --- | --- | --- | --- | | 日期 | 2025 | 年 | 5 月 | 15 | 日 | （2024 年度网上业绩说明会） 编号：2025-008 投资者关系活 动类别 □特定对象调研 □媒体采访 □新闻发布会 □现场参观 □分析师会议 ☑ 业绩说明会 □路演活动 □其他： 参与单位名称 及人员姓名 线上参与公司 2024 年度网上业绩说明会的投资者 时间 2025 年 5 月 15 日 地点 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net） 采用网络远程的方式召开业绩说明会 上市公司接待 人员姓名 董事长李想先生 独立董事宋乐先生 财务总监李娜女士 副总裁、董事会秘书周建林先生 投资者关系活 动主要内容介绍 2024 年度网上业绩说明会互动交流主要问答如下： 1、领导，您好！我来自四川大决策，公司近几年业绩下滑明显， 公司如何应对风电行业的下行周期？ 答：尊敬的投资者您好，2025 年 ...

Company Overview - 威力传动 was established in 2003 in Yinchuan, with over 1,000 employees [2] - The main business includes R&D, production, and sales of wind power gearboxes and speed increasers, focusing on precision transmission solutions for the renewable energy industry [2] - The company officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market in August 2023 [2] Market Outlook - The Global Wind Energy Council (GWEC) forecasts a global wind power installation capacity increase of 791 GW from 2024 to 2028, averaging 158 GW annually [3] - In 2025, China's new wind power installations are expected to exceed 120 GW, marking a critical development period for the industry [3] Strategic Initiatives - The company aims to leverage national policy benefits and strategic opportunities, focusing on innovation and lean management to enhance operational efficiency [3] - Six key actions will be implemented: lean, global, efficient, intelligent, integrated, and safe [3] International Expansion - The company has established global service networks in key regions, including Hamburg, Chennai, and Tokyo, to improve customer response times [3] - It has successfully entered the qualified supplier lists of renowned international wind power companies such as Siemens-Gamesa and Adani [3] Project Developments - The company’s subsidiaries have received approvals for the "Thousand Villages and Ten Thousand Villages Wind Action" project, with a total installed capacity of 65 MW [3][4] - These projects will enhance the company's renewable energy generation capabilities and support the development of wind power gearboxes and speed increasers [4] Share Buyback Progress - As of April 30, 2025, the company has repurchased 876,500 shares, accounting for 1.21% of the total share capital, with a total transaction amount of RMB 44,206,663 [4] Communication with Investors - The company ensured transparent communication with investors, adhering to information disclosure regulations, and no significant undisclosed information was leaked [4]

关于回购股份进展的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 银川威力传动技术股份有限公司（以下简称"公司"）于2025年3月14日召 开第三届董事会第三十次会议审议通过了《关于回购公司股份方案的议案》， 同意公司使用自有资金和/或自筹资金通过深圳证券交易所集中竞价交易方式回 购公司已发行的人民币普通股（A股）股票（以下简称"本次回购"），回购的 股份后续将用于股权激励或员工持股计划。本次回购的资金总额不低于人民币 6,000万元且不超过人民币9,000万元（均含本数），回购价格不超过人民币 70.00元/股。具体回购股份的数量以回购结束时实际回购的股份数量为准。本 次回购股份的实施期限自董事会审议通过本次回购股份方案之日起十二个月内。 具体内容详见公司在巨潮资讯网（www.cninfo.com.cn）披露的《关于回购公司 股份方案的公告》及《回购股份报告书》。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引 第9号—回购股份》等有关规定，在回购股份期间，公司应当在每个月的前三个 交易日内披露截至上月末的回购进展情况。现将公司回购股 ...

Company Overview - 威力传动 was established in 2003 in Yinchuan, with over 1,000 employees [2] - Main business includes R&D, production, and sales of wind power gearboxes and speed increasers, serving the renewable energy sector [2] - The company went public on the Shenzhen Stock Exchange in August 2023 [2] Key Clients and Market Position - 威力传动 has established itself as a key supplier for major domestic wind power companies such as Goldwind Technology and Envision Energy, and has entered the supplier lists of international firms like GE and Siemens-Gamesa [2] - The company has built strong, stable partnerships with these clients [2] 2024 Performance Challenges - The company anticipates a significant decline in 2024 performance due to intensified market competition and pressure on profit margins [3] - Increased costs from hiring approximately 400 new employees for the speed increaser smart factory have also impacted profitability [3] - The company did not achieve profitability in 2024 due to these factors [3] Strategic Response for 2025 - In 2025, 威力传动 plans to enhance product quality and cost transmission capabilities through supply chain integration and technological upgrades [3] - The company aims to expand its overseas market presence and customer base, particularly in the wind power speed increaser sector [3] - The gradual completion of the speed increaser smart factory is expected to strengthen the company's core competitiveness [3] Smart Factory Development - The speed increaser smart factory is currently under construction, with progress reported as smooth [3] Manufacturing Advantages - 威力传动's speed increasers are recognized for their high technological content and efficiency, featuring advanced materials and processing techniques [3] - The company employs high-quality alloy steel and advanced heat treatment processes to enhance durability and performance [3] Share Buyback Progress - As of the 2024 annual report, the company has repurchased 876,500 shares, accounting for 1.21% of total shares, with a total transaction amount of RMB 44,206,663 [4] Market Outlook - The Global Wind Energy Council projects a global wind power installation capacity increase of 791 GW from 2024 to 2028, with an average annual addition of 158 GW [4] - In 2025, China's new wind power installations are expected to exceed 120 GW, presenting a critical growth opportunity for 威力传动 [4] Operational Strategy - The company will focus on lean management, safety production, and expanding overseas sales markets while optimizing its supply chain and enhancing digital transformation [4]

Financial Performance - The company reported a basic earnings per share of -0.2400 yuan for Q1 2025, a decrease of 118.18% compared to -0.1100 yuan in Q1 2024, and a significant drop from 0.0700 yuan in Q1 2023 [1] - The net profit for Q1 2025 was -0.18 billion yuan, reflecting a 125% decline from -0.08 billion yuan in Q1 2024, and a decrease from 0.04 billion yuan in Q1 2023 [1] - The operating revenue for Q1 2025 was 1.1 billion yuan, a substantial increase of 279.31% compared to 0.29 billion yuan in Q1 2024, and an increase from 0.96 billion yuan in Q1 2023 [1] - The return on equity for Q1 2025 was -2.36%, a decline of 153.76% from -0.93% in Q1 2024, and a decrease from 1.44% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively held 5.9461 million shares, accounting for 27.06% of the circulating shares, with a decrease of 810,100 shares compared to the previous period [2] - Notable shareholders include Guotou Chuanghe (Hangzhou) Venture Capital Management Co., Ltd. holding 1.8142 million shares (8.25%), and BoShi Theme Industry Mixed Fund holding 778,100 shares (3.54%) [3] - Several shareholders exited the top ten list, including Yang Zhang who held 850,000 shares (3.87%) and Shanghai Yunran Investment Management Co., Ltd. with 536,800 shares (2.44%) [3][4] Dividend Distribution - The company has announced that it will not distribute dividends or transfer shares this time [5]

Financial Performance - The company's revenue for Q1 2025 reached ¥110,320,711.82, a significant increase of 284.46% compared to ¥28,695,036.47 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥17,545,505.45, worsening by 125.71% from a loss of ¥7,773,412.58 in the previous year[5] - Total operating revenue for Q1 2025 reached ¥110,320,711.82, a significant increase from ¥28,695,036.47 in the same period last year, representing a growth of 284.5%[20] - The net loss for Q1 2025 was ¥17,545,505.45, compared to a net loss of ¥7,773,412.58 in Q1 2024, reflecting a deterioration in profitability[21] - The company reported a basic and diluted earnings per share of -0.24 for Q1 2025, worsening from -0.11 in Q1 2024[21] Cash Flow - The net cash flow from operating activities improved to -¥24,678,534.57, a 44.46% increase compared to -¥44,431,358.65 in the previous year[5] - Cash inflow from operating activities totaled $144.66 million, a significant increase from $54.47 million in the previous period, representing a growth of 165.5%[24] - Cash outflow from operating activities was $169.34 million, compared to $98.90 million in the prior period, indicating an increase of 71.1%[24] - Net cash flow from operating activities was -$24.68 million, an improvement from -$44.43 million year-over-year[24] - Cash inflow from financing activities amounted to $293.73 million, a substantial rise from $27.31 million in the previous period, reflecting an increase of 975.5%[25] - Net cash flow from financing activities surged by 1,623.02% to ¥243,704,959.66, mainly due to increased loans for the accelerator smart factory project[12] - Cash outflow from financing activities was $59.14 million, compared to $13.17 million, indicating an increase of 348.5%[25] - Net cash flow from financing activities was $234.58 million, a significant increase from $14.14 million year-over-year[25] Assets and Liabilities - Total assets increased by 15.95% to ¥2,442,924,441.81 from ¥2,106,926,524.09 at the end of the previous year[5] - Current liabilities rose to ¥816,603,996.81 from ¥646,675,161.51, an increase of 26.3%[18] - Non-current liabilities increased to ¥889,342,277.93 from ¥707,185,016.74, representing a growth of 25.7%[18] - Total current assets amount to 59,136,259.50 RMB, down from 70,957,727.12 RMB at the beginning of the period, a decrease of approximately 16.5%[16] - The total equity attributable to shareholders decreased by 2.14% to ¥736,978,167.07 from ¥753,066,345.84 at the end of the previous year[5] Inventory and Expenses - The company reported a significant increase in inventory, which rose by 41.48% to ¥267,852,924.11, primarily due to preparations for new projects[10] - Research and development expenses increased by 30.23% to ¥15,405,237.26, reflecting higher investment in R&D materials and personnel[11] - Total operating costs for Q1 2025 were ¥141,199,827.22, up from ¥62,243,250.27, indicating an increase of 126.5%[20] - The company experienced a 67.31% reduction in financial expenses, amounting to ¥907,913.34, attributed to increased foreign exchange gains[11] Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,461[14] - Major shareholder Li Abbo holds 48.74% of shares, totaling 35,280,000 shares[14] - Major shareholder Li Xiang holds 20.89% of shares, totaling 15,120,000 shares[14] - The company has no preferred shareholders or changes in restricted shares during the reporting period[15] - There are no changes in the top 10 shareholders or their participation in margin trading[15] - The company has not disclosed any related party transactions or agreements among shareholders[15]

Core Viewpoint - The company, specializing in the research, production, and sales of wind power gearboxes and speed increasers, continues to maintain a leading position in the domestic market while expanding its international presence in the renewable energy sector [4][6][9]. Company Overview - The company focuses on the development of wind power-specific gearboxes, including yaw gearboxes, pitch gearboxes, and speed increasers, providing precision transmission solutions for the renewable energy industry [4]. - The company has over 20 years of experience in the precision transmission field, accumulating rich experience and technology, and has developed various models of wind power gearboxes to adapt to different wind resources and environmental conditions [4][6]. Industry Development - The wind power gearbox and speed increaser industry is a crucial part of the renewable energy sector, with a continuous increase in installed capacity driven by the growing global demand for renewable energy [6]. - According to BNEF, China's new wind power installation capacity is expected to reach 86 GW in 2024, an increase of 11% compared to 2023, while global new wind power installation capacity is projected to be 121.6 GW, up 3.05% from 2023 [7]. Business Model - The company employs a direct sales model, customizing products for wind turbine manufacturers, with sales orders primarily obtained through bidding or business negotiations [8]. - The production model is based on "sales-driven production," where production plans are organized according to customer procurement plans [8]. - The procurement model follows "production-driven purchasing," ensuring compliance, traceability, and quality of materials while controlling costs [9]. Performance Drivers - The company aims to maintain existing customer relationships while actively exploring new customer resources, focusing on core business areas to ensure industry position and promote business growth [9]. - The company is also advancing its international strategy to expand into overseas markets, achieving initial success [9].

(一) 遵守国家法律、法规、规章及其他相关规定； 银川威力传动技术股份有限公司 内部审计管理制度 第一章 总则 第一条 为了建立健全内部审计制度，加强内部审计监督工作，维护银川威力 传动技术股份有限公司（以下简称"公司"）的合法权益，强化公司经营管理， 提高经济效益，促使公司经济持续健康发展，根据《中华人民共和国审计法》《审 计署关于内部审计工作的规定》等有关法律、法规、部门规章、规范性文件及《公 司章程》的相关规定，制定本制度。 第二条 本制度所称内部审计，是指由公司内审部依据国家相关法律法规及 本制度的规定，对公司的内部控制和风险管理的有效性、财务信息的真实性、完 整性以及经营活动的效率和效果等开展的一种评价活动。 第三条 本制度所称内部控制，是指公司董事会、高级管理人员及其他有关人 员为实现下列目标而提供合理保证的过程： (二) 提高公司经营的效率和效果； (三) 保障公司资产的安全； (四) 确保公司信息披露的真实、准确、完整和公平。 第四条 本制度适用于公司及公司所有全资子公司和控股子公司及其控股、 控制的所有关联企业（以下简称"子公司"）。 第二章 机构和职责 第五条 内部审计的实施机构是公司内审 ...

银川威力传动技术股份有限公司 董事会提名委员会工作细则 第一章 总则 第一条 为规范银川威力传动技术股份有限公司（以下简称"公司"）董事和高 级管理人员的产生，优化董事会和高级管理人员的组成，完善公司治理结构，根 据《中华人民共和国公司法》《上市公司治理准则》《上市公司独立董事管理办法》 等法律、法规、规范性文件及《公司章程》的相关规定，设立董事会提名委员会 （以下简称"委员会"），并制订本细则。 第二条 委员会是董事会下设专门机构，对董事会负责。 第二章 人员组成 第三条 委员会委员由 3 名董事组成，其中独立董事应过半数。 (二) 聘任或者解聘高级管理人员； (三) 法律、行政法规、中国证监会规定和公司章程规定的其他事项。 第四章 议事规则 第四条 委员会委员应由董事长、二分之一以上独立董事或全体董事三分之一 以上提名，并由董事会选举产生。 第五条 委员会设一名主任委员（召集人），负责主持委员会工作并召集委员会 会议。主任委员在由独立董事担任的委员中选举产生并报董事会批准。 第六条 委员会任期与董事会相同，委员任期届满，连选可以连任。期间如有 委员不再担任公司董事职务，自动失去委员资格。委员会因委员辞职、 ...

为规范银川威力传动技术股份有限公司（简称"公司"）金融衍生 品交易行为，防范金融衍生品交易风险，根据《中华人民共和国公司法》《中华 人民共和国证券法》《深圳证券交易所创业板股票上市规则》《深圳证券交易所 上市公司自律监管指引第 2 号——创业板上市公司规范运作》《深圳证券交易所 上市公司自律监管指引第 7 号——交易与关联交易》等有关法律、法规、部门规 章和业务规则及《银川威力传动技术股份有限公司章程》（以下简称"《公司章 程》"）的规定，制定本制度。 本制度所称金融衍生品是指场内交易或者非交易的，实质为期货、 期权、远期、互换等产品或上述产品的组合。金融衍生品的基础资产既可包括证 券、指数、利率、汇率、货币、商品、其他标的，也可包括上述基础资产的组合； 既可采取实物交割，也可采取现金差价结算；既可采用保证金或担保、抵押进行 交易，也可采用无担保、无抵押的信用交易。 本制度适用于公司的金融衍生品交易业务，在未经公司批准的情况 下，各分子公司不得从事金融衍生品交易业务。同时，公司应当按照有关法律、 法规、部门规章、业务规则和本制度的有关规定，履行有关决策程序和信息披露 义务。 公司金融衍生品交易行为除遵守国家相 ...